WORQ expands its co-working space

WORQ expands its co-working space

The co-working space provider is expanding space at Menara 1 Sentrum, Kuala Lumpur, reaching 100% occupancy.

WORQ is planning to extend its total co-working space to 449931.5 sq ft by 2025 and further to 999967.3 sq ft by 2028.
PETALING JAYA:
WORQ has expanded its co-working space at Menara 1 Sentrum, which is adjacent to Kuala Lumpur Sentral station, reaching 100% occupancy at this outlet.

The co-working and flexible space provider launched a new co-working space at Level 28 of the building, measuring 7,200 sq ft, adding to its existing operations at Levels 20 and 21, spanning 17,000 sq ft each.

CEO and co-founder Stephanie Ping said the rapid occupancy, reaching 70% upon its opening last year, prompted the company to expand and provide more space.

“The moment we opened, it was 70% filled up, and then it was almost 90% filled the whole year (last year), so we thought our customers like it here and need more space.

“We also always had this strategy of linking up all our other spaces (near train stops or convenient public transportation areas), which people commonly use,” she told reporters after the opening ceremony of WORQ’s new co-working space at Level 28.

Following the space expansion, Ping said the KL Sentral outlet would be its flagship outlet and the biggest branch compared with its other seven branches.

She said the outlet expansion is part of its strategic partnership with Pelaburan Hartanah Bhd (PHB), marking a significant achievement of securing 100% occupancy for the entire building.

Meanwhile, PHB group managing director and CEO Damshal Awang Damit said the company aims to incorporate more co-working spaces in its properties across Malaysia, following the success of its buildings, such as Menara 1 Sentrum, in collaboration with WORQ.

He also highlighted the success of co-working spaces in attracting tenants, seeing it as a critical metric for overall building success, in tandem with its role in meeting the growing demand for green buildings and acknowledging the tenants’ commitment to the environmental, social and governance goals.

In a separate statement, WORQ said it would continue to develop its cloud office infrastructure to provide seamless flexibility for companies to scale their operations without costly financial commitments.

“This would enable local and foreign companies to easily set up and hire Malaysian talents across multiple locations, bringing job opportunities to local communities,” it said, adding that WORQ plans to expand its total co-working space to 450,000 sq ft by 2025 and 1,000,000 sq ft by 2028.

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